Here’s Why TAO Price Could See a 233% Spike Before the Halving

Bittensor has been one of the strongest performers in the market lately, and it’s not slowing down. The TAO price has surged nearly 16% in the past day, outpacing the rest of the top 100 and becoming one of the top gainers across all major exchanges.

Crypto analyst Karamata believes this might just be the beginning. In a post, he said TAO could remain the best-performing project of October and November, predicting a massive move toward $1,500 before the Bittensor halving.

That’s a 233% rally from current prices around $450, and if the chart setup is any indication, it’s not as far-fetched as it sounds.

What the TAO Chart Is Showing

Looking at the weekly chart, TAO price has clearly broken out of a long-term descending trendline that had been capping its price since mid-2024. The breakout came with strong volume, confirming bullish momentum.

The price has reclaimed the $400 zone as a solid support area, and the next major resistance sits around $720–750, the level of its previous local peak. Karamata expects a short-term correction near that zone, but he believes the broader uptrend remains intact.

If TAO price manages to close multiple weekly candles above that $750 mark, the next major target could extend toward $1,500, the same level projected by the Fibonacci extensions from earlier 2024 price swings.

Market Indicators Flash Bullish

Momentum indicators confirm this bull thesis. On the chart, the MACD recently crossed into positive territory, suggesting a probable reversal from the extended period of consolidation since June. The histogram also still continues to expand in the upward direction, suggesting growing buying pressure.

Volume has also been increasing steadily, lending support for the idea of a sustainable move rather than a spurious spike. Historically, strong breakouts in TAO price have followed this same pattern, volume expansion, pullback, and then continuation.

This setup aligns with Karamata’s view that TAO is not just outperforming short-term but could also lead the next liquidity rotation cycle in crypto.

Another factor behind TAO’s rise is the emerging AI and robotics narrative, which many believe will dominate the next market cycle. Karamata hinted that this narrative could “take over after TAO,” suggesting that the project’s focus on decentralized intelligence puts it in a prime position for renewed attention.

Bittensor’s ecosystem continues to grow, with subnets increasingly attracting developers building AI-driven models that use TAO as the core currency. As Bitcoin’s halving approaches, investors are starting to look for assets with strong utility narratives, and TAO fits that mold perfectly.

Read Also: Whales Keep Accumulating XRP – On-Chain Data Hints at the Next Move

Short-Term Outlook for TAO

Right now, TAO price is sitting around $450, comfortably above key moving averages. The structure suggests there might be a small correction near $700–750 before another strong push higher.

If the bullish momentum holds and broader market sentiment improves, TAO could realistically reach $1,000–1,200 by early Q1 2026, with $1,500 acting as the upper target before the next halving.

However, traders should keep an eye on volume and RSI levels, overbought conditions could trigger temporary pullbacks.

Moreover, Bittensor price 233% target may sound bold, but the fundamentals, chart structure, and narrative momentum all point in the same direction. 

With Bitttensor’s halving on the horizon and AI narratives gaining traction, TAO could easily remain one of the top-performing assets heading into 2026.

As Karamata put it, “TAO will continue to be the best-performing project of October and November.” If that holds true, this breakout might be just the start of something much bigger.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

CaptainAltcoin
Logo